IHS Chemical Week

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May 4, 2015
Westlake says conversions to cost-advantaged ethane feedstock improved first-quarter margins in the vinyls chain, but the gain was more than offset by lower margins in olefins. The company reports first-quarter net income of $146 million, down 7.6% year-on-year (YOY) from $158 million. Net sales increased 7.4% YOY to $1.104 billion, mainly on the contribution of Vinnolit, the specialty PVC resin business acquired last July. Earnings per share of $1.10 fell short of the analysts’ consensus estimate of $1.18, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-misses-estimates-as-crude-takes-toll-on-olefin-margins_70057.html
May 4, 2015
Paints and coatings company Tikkurila (Helsinki) says revenue in the first three months of 2015 was €133.2 million ($148.5 million), down 5.8% year-on-year (YOY) compared with...
http://www.chemweek.com/people_and_business/earnings_finance/Tikkurila-reports-lower-sales-but-strong-profitability-in-first-quarter_70056.html
May 1, 2015
Petróleos Mexicanos's (Pemex; Mexico City) first-quarter domestic petrochemical sales totaled 7.25 billion Mexican pesos ($478 million), down 4.5% year-on-year (YOY), and...
http://www.chemweek.com/people_and_business/earnings_finance/Pemexs-petrochemical-production-falls-on-planned-and-unplanned-maintenance_70022.html
May 1, 2015
ENI (Rome) says that its chemicals business swung to an adjusted net profit of €25 million ($28.0 million) in the first quarter from an adjusted net loss of €76 million...
http://www.chemweek.com/people_and_business/earnings_finance/ENIs-chemicals-business-swings-to-profit_70018.html
May 1, 2015
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the first quarter of 2015 compared with the first quarter of 2014, to $7.99 million...
http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-reports-huge-rise-in-profits_70017.html
May 1, 2015
Mitsubishi Chemical Holdings today announced that it has revised its financial results forecast for fiscal 2014, covering 1 April 2014 through 31 March 2015. Net income has been...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-Chemical-Holdings-upgrades-earnings-forecast_70013.html
May 1, 2015
BASF today reported its first-quarter results, beating consensus estimates, and has confirmed its outlook for 2015 of sales slightly increasing with Ebit before special items likely...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-reports-first-quarter-earnings-decline-on-higher-sales-confirms-2015-outlook_69958.html
May 1, 2015
PolyOne reports first quarter net income of $70.1 million, up 24% year-over-year (YOY) from $56.4 million on double-digit increases in color and engineered materials. Sales totaled $873 million, down 13% YOY. Adjusted earnings of 46 cts/share were up 5% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/PolyOne-net-income-up-sales-down-on-destocking_70007.html
April 30, 2015
Huntsman reports first-quarter net income of $5 million, down 91% year-over-year (YOY). Revenues fell 6% YOY to $2.6 billion. Adjusted earnings increased 21% YOY to 40 cts/share, beating the analysts’ consensus estimate of 28 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-net-income-down-but-beats-consensus_70009.html
April 30, 2015
Earnings from acquired businesses and lower raw material costs helped Eastman Chemical offset lower earnings in its fibers business, an unfavorable shift in foreign currency exchange...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-beats-estimates-acquisitions-lift-sales_70008.html
April 30, 2015
Methanex reports first-quarter net income of $9 million, down 94% year-over-year (YOY) from $145 million. Sales totaled $577 million, down 40% YOY from $968 million. Adjusted earnings of 23 cts/share fell short of the analysts’ consensus estimate of 40 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Methanex-earnings-down-on-pricing-and-volume-miss-estimates_69998.html
April 30, 2015
Air Products reports net income of $290 million for the quarter ended 31 March, up 2% year-on-year (YOY). Earnings gains in the Americas, Asia, and performance material offset the impact of weaker European results and negative currency impacts. Sales of $2.4 billion were down 6% YOY. The company says reported adjusted earnings were $1.55/share, up 17% YOY and line with analyst estimates....
http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-net-income-up-2-percent-as-stronger-materials-and-Asia-results-offset-currency-impact_69976.html
April 30, 2015
Cabot Corp. reports net income of $27 million for its fiscal second quarter, down 30.8% year-on-year (YOY), on margin pressure in its reinforcement materials segment and lower...
http://www.chemweek.com/people_and_business/earnings_finance/Cabot-Corp-profits-slide-30-percent_70000.html
April 30, 2015
Phosphate fertilizers producer PhosAgro (Moscow) has reported a 57% rise in full-year 2014 Ebitda, to 37.6 billion Russian rubles ($979 million), compared with 2013. Revenues were up...
http://www.chemweek.com/people_and_business/earnings_finance/PhosAgros-2014-Ebitda-revenues-rise_69973.html
April 30, 2015
Quaker Chemical has announced net sales of $181.3 million in first-quarter 2015 compared with $181.7 million in first-quarter 2014. Year-on-year (YOY) volume growth, including...
http://www.chemweek.com/people_and_business/earnings_finance/Quaker-Chemical-volumes-grow-but-sales-Ebitda-fall-on-foreign-currency-effects_69966.html
April 30, 2015
Trecora Resources (Sugar Land, TX) has announced revenue of $55.1 million in first-quarter 2015, compared with $64.1 million in the year-ago quarter, a decrease of 14% year-on-year...
http://www.chemweek.com/people_and_business/earnings_finance/Trecora-Resources-reports-improved-profitability-on-lower-sales-in-first-quarter_69974.html
April 30, 2015
OM Group has reported a first-quarter net loss of $11.0 million, or 36 cts/share compared with a profit of $5.2 million in the year-ago quarter. Sales declined 5.3% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/OM-Group-swings-to-loss-on-restructuring-charges_69988.html
April 30, 2015
Wacker Chemie, after performing well in the first quarter, today said it is raising its sales forecast for 2015. The company generated sales of €1.33 billion ($1.49 billion) in...
http://www.chemweek.com/people_and_business/earnings_finance/Wacker-raises-2015-sales-forecast-after-good-first-quarter_69962.html
April 30, 2015
Linde  today reported revenue of €4.40 billion ($4.85 billion) in first-quarter 2015 compared with €4.05 billion in the corresponding quarter of 2014, or up 8.7%...
http://www.chemweek.com/people_and_business/earnings_finance/Linde-increases-profit-on-currency-effects-confirms-2015-outlook_69961.html
April 30, 2015
Bayer today reported a strong first quarter. The company, which is restructuring its portfolio by spinning off the MaterialScience operations to concentrate on life sciences, says it...
http://www.chemweek.com/people_and_business/earnings_finance/Bayers-first-quarter-buoyed-by-life-sciences-MaterialScience-flotation-on-schedule_69960.html
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